Mexico’s gross domestic product grew 1.4% in the second quarter from the previous three-month period, the national statistics agency INEGI reported on Monday.
The expansion follows a revised 0.3% contraction in the first quarter, indicating a partial recovery after the earlier decline. The preliminary estimate published in July had projected a 1.5% quarterly increase.
On an annual basis, the economy expanded 2.1% in Q2, according to INEGI. Primary activities, which include agriculture, fishing and mining, led the main sectors with a 2.4% gain. All three primary sectors tracked by the agency registered growth during the period.
